Posts by Doron Afik

Lack of agreement on all the terms of a contract, including the consideration, will not necessarily prevent its perfection

News
A subcontractor and the main contractor negotiated and exchanged drafts of an agreement regarding the termination of their engagement and the completion of the subcontractor’s obligations by the main contractor before the completion of the works that were the subject of the…

A company shareholders register is ostensibly evidence of its correctness but extra caution is required in familial relationships

News
A father and son purchased a factory through a company that was established and all of its shares were recorded in the son’s name.  After a dispute arose between the parties, the father sought to amend the registration of shares to reflect…

A company shareholders register is ostensibly evidence of its correctness but extra caution is required in familial relationships

News
A father and son purchased a factory through a company that was established and all of its shares were recorded in the son’s name.  After a dispute arose between the parties, the father sought to amend the registration of shares to reflect…

An agreement between sophisticated parties will not be interpreted contrary to its wording even if this leads to a commercially unreasonable result

News
After selling their company, the sellers demanded additional consideration from the purchaser under the sale agreement, on the basis that the sales targets had been met.  However, the agreement clarified that the additional consideration would apply only to sales of the company’s…

Summoned to the police station – It really isn’t for a cup of coffee and a cake!

News
A criminal investigation is not a marginal matter.  From the moment the authority (Police, Antitrust Authority, the Securities Authority, the Tax Authority or others) has made contact, you are under investigation and at the first time it usually surprises the interrogee and…

Article about a diplomacy and business event of the Ibero-American Department at Afik & Co. 08.09.2025

News
An article at Diplomacy.co.il by journalist Silvia G. Golan, September 21, 2025, about a diplomatic  event at the office of Afik & Co., which combined a Rosh Hashana event with an art exhibition. The festive diplomatic cocktail and art exhibition jointly organized…

A bank’s refusal to provide services due to international sanctions regime is deemed a reasonable refusal even in the absence of regulatory guidance

News
A bank refused its customer’s request to transfer funds from his Russian VTB bank account to his account in Israel, due to international sanctions imposed on the foreign bank and despite the fact that no directive was given on the matter by…

Dreaming of getting married and doing an Aliyah? Here are a few things to consider

News
A couple gets married outside of Israel and perhaps even executes an agreement for the division of property, all why planning to immigrate to Israel later.  Will the property division agreement be enforceable in the event of a divorce in Israel or…

Diario Judío México – El Diario de la vida judía en México y el Mundo – Article about a diplomatic event to celebrate Uruguay’s Independence Day, with the participation of Afik & Co.

News
A woman invested in binary options on a Forex platform based on misrepresentations made to her, inter alia, regarding the identity of the person through whom she invested.  However, she continued to invest even after learning of the misrepresentations and lost over…

A person who learns about a false representation but despite this continues the transaction may receive only partial compensation

News
A woman invested in binary options on a Forex platform based on misrepresentations made to her, inter alia, regarding the identity of the person through whom she invested.  However, she continued to invest even after learning of the misrepresentations and lost over…